Senate Advances $52B Bill to Combat Global Chip Shortage

The Senate moved to advance legislation that supports U.S. semiconductor manufacturing by stripping other aspects from a larger China competitiveness bill. Dubbed “CHIPS-plus,” the narrowed proposal still allocates $52 billion in subsidies for chipmakers but had a “hold-this-space” marker for the remainder of the language. The procedural motion required 51 votes to determine if this stripped-down version of the United States Innovation and Competition Act (USICA) could proceed to a final vote even though adjustments would continue to be made before the Senate votes on the finished result. It cleared that hurdle, 64-34. Continue reading Senate Advances $52B Bill to Combat Global Chip Shortage

U.S., China Reportedly Working on Deal That Would Save ZTE

Less than a month ago, the U.S. Commerce Department sanctioned U.S. firms from supplying components to Chinese firm ZTE, claiming that the telecom equipment company had violated terms of a settlement regarding sales to Iran and North Korea. By last week, ZTE had closed its operations and, now, in a surprise intervention, President Donald Trump is stepping in to prevent ZTE’s bankruptcy, tweeting that he is working with Chinese President Xi Jinping. ZTE had made a request for a stay of the sanctions order, and the Commerce Department is reviewing it. Continue reading U.S., China Reportedly Working on Deal That Would Save ZTE

TPP Trade Agreement Sparks Response from Tech Community

With the publication of the Trans Pacific-Partnership (TPP) international trade treaty, numerous technology and privacy rights groups are speaking up over a range of issues. Non-profit consumer rights organization Public Citizen decries what it says is “serious implications for online privacy.” Others note that the TPP would prevent member countries from requiring that companies from other member states hand over the source code of their products. And some activists believe TPP could help further net neutrality. Continue reading TPP Trade Agreement Sparks Response from Tech Community